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Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

IsDB and OIC keen to boost cooperation

  • IsDB is organizing a forum in Tashkent on Sept. 2 on post-Covid 19 situation.
  • Both institutions will work toward supporting economic and social development in member countries.

DUBAI: The Islamic Development Bank (IsDB) and the Organization of Islamic Cooperation (OIC) have expressed keenness to enhance cooperation to achieve their goals in supporting economic and social development in member states, according to media reports

This transpired after a meeting between Dr. Mohammed Sulaiman Al-Jasser, president of IsDB and the secretary-general-elect of the Organization of Islamic Cooperation, Hussein Ibrahim Taha.

During their meeting, Al-Jasser stressed the IsDB’s keenness to enhance cooperation between the two institutions in order to achieve their goals in supporting economic and social development in member states.

IsDB aims to build collaborative partnerships between communities and nations, across the public and private sectors, the reports said.

As part of an IsDB Group initiative underway, private sector representatives will meet in Tashkent to discuss and share post-pandemic business experiences, the reports said. The forum will be held in the Uzbek capital on Sept. 2 under the theme of “Respond, Restore, Restart: Post-COVID Resilience and Prosperity For All.”

The forum’s main objective is to highlight IsDB Group activities, services, initiatives, and joint solutions in member countries, according to the reports.